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Frasers backs N Brown takeover deal amid Mulberry plans
Last week, the company said that it had agreed plans to sell its stake in N Brown to Falcon 24 Topco Limited, a company owned and controlled by Joshua Alliance, in a £191m deal
Frasers Group has confirmed that it backs the takeover deal of N Brown by the Alliance family and has agreed to the sale of its 20% stake in the company for £38m, as it continues its efforts to strike a deal with luxury brand Mulberry.
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